4 March 2024
India Capital Growth Fund Limited
LEI: 213800TPOS9AM7INH846
The following amendment has
been made to the price at which 165,000 ordinary shares were sold
from treasury, on 1 March 2024, from 183.75 pence to 187.75 pence
in the Sale of Treasury Shares announcement released on 4 March
2024 at 7:00 under RNS Number 3591F, all other details of the
announcement remain unchanged.
Replacement - Sale of
Treasury Shares
India Capital Growth Fund Limited
(the "Company") announces that it has sold 165,000 of its ordinary
shares of one penny each ("Ordinary Shares") from treasury on 1
March 2024, at a price of 187.75 pence per Ordinary
Share, a premium to the prevailing net asset value (cum income) per
Ordinary Share, in order to meet market demand.
Following the transaction, the
Company's issued share capital comprises:
86,573,656 Ordinary Shares (excluding treasury shares)
25,928,517 Ordinary Shares held in treasury
112,502,173 Ordinary Shares (including treasury shares)
The total number of shares with
voting rights in the Company is 86,573,656 and this figure may be used
by shareholders as the denominator for the calculations by which
they will determine if they are required to notify their interest
in, or a change to their interest in, the Company under the
Disclosure Guidance and Transparency Rules.
ENQUIRIES
Ocean Dial Asset Management, Investment
Manager Robin Sellers
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+44 20 7068 9870
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AssetCo
Gary Marshall, Lucy Draper
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+44 7702 799 117
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Shore Capital, Financial Adviser and
Broker
Rose Ramsden, Angus Murphy (Corporate Advisory)
Henry Willcocks, Fiona Conroy (Corporate Broking)
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+44 20 7408 4090
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Apex Fund and Corporate Services (Guernsey) Limited (Company
Secretary)
Matt Lihou
Duke Le Prevost
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+44 20 3530 3687
indiacapitalbox@apexgroup.com
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About India Capital Growth
Fund
India Capital Growth Fund Limited
the LSE premium listed investment company registered and
incorporated in Guernsey, was established to take advantage of
long-term investment opportunities in companies based in India.
ICGF predominantly invests in listed mid and small cap companies,
although investments may also be made in large cap and private
Indian companies where the Fund Manager believes long-term capital
appreciation will be achieved. www.indiacapitalgrowth.com